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looking at the bigger picture. host: what led to the fiscal cliff? guest: the fiscal cliff is the combination of a bunch of different tax and spending decisions made by washington, dating back over the past 12 years. we had the bush tax cuts that began in 2001 and 2003. we extended them under president obama. those are set to end on monday. $110 billion in annual spending cuts were agreed to under president obama as part of the debt ceiling negotiation. those begin on tuesday. we have the payroll tax cut in place for two years, takes about two percentage points off people's taxes, bill will end on monday. business tax breaks, bill will end on monday. the alternative minimum tax, which is confusing, but it would be a disaster if that was not taken care of, because it would raise the taxes of about 30 million americans for their 2012 income and 2013. and all the confusion could screw up the whole tax filing season. who knows when you will be filing your taxes, because the irs does not know which tax rates will be applied and who will be responsible for paying what. so it's go
the so-called fiscal cliff. >> now a conversation on hollywood's portrayal of politics and policy making in movies and tv shows. among those we'll hear from the crete or the of the show "homeland." this is an hour 20 minutes. >> good evening again. welcome back to the forum. i'm not the one you'll be applauding for. you know we have public events, public forums in our headquarters campus about once a month. and we've had former presidents and foreign ministers and ambassadors and please chiefs. we have never, to my knowledge, had anybody who has ever created, let alone starred in movies or tv series until tonight. and we have michael lynn on the to thank for that. mike sl co-chair politics aside 2012 just like 2010 and he of course is a ran strust tee so we're delighted to have him. he'll moderate tonight. and with him and i'll ask the panel to come forward. howard gor dan and michael sheen. >> figs of all, thank you for being here this evening and thank you for being here on a friday night. i don't do this for a live sog you're going to have to fill in in the middle. let's start off she
Search Results 0 to 1 of about 2